Obama to raise 10-year deficit to $9 trillion

"WASHINGTON (Reuters) - The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday.

The higher deficit figure, based on updated economic data, brings the White House budget office into line with outside estimates and gives further fuel to President Barack Obama's opponents, who say his spending plans are too expensive in light of budget shortfalls.

The White House took heat for sticking with its $7.108 trillion forecast earlier this year after the Congressional Budget Office forecast that deficits between 2010 and 2019 would total $9.1 trillion."

Another fact you are to fucking stupid to understand is that Bush came into office with a budget surplus,no wars and a great economy,Obama on the other hand came into office with a 1.4 trillion dollar deficit,2 wars and the worst economy since the great depression.Dumb ass

Obama is an idiot or a ruthless sociopath, in much the same vein as Cheney, and many people who supported him because of the bullshit (in retrospect) he was peddling have now realized they were punked.